GASBS 39

Describe the treatment of a not-for-profit, nongovernmental foundation that is related to a public university under GASBS 39 "Determining Whether Certain Organizations Are Component Units" (2002).

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Describe the treatment of a not-for-profit, nongovernmental foundation that is related to a public university under GASBS 39 "Determining Whether Certain Organizations Are Component Units" (2002).

There are three criteria that are used to judge if a not-for-profit, non governmental foundation that is related to a public university under GASBS 39. "Determining Whether Certain Organizations Are Component Units"
This material is taken from the website: http://www.doa.state.la.us/OSRAP "
1. The economic resources received or held by the separate organization are entirely or almost entirely for the direct benefit of the ...